Questions tagged [international trade]

BonsaiGrace Mon Oct 14 2024 | 5 answers 919

I want to understand the distinction between domestic trade, which involves buying and selling within a country, and international trade, which involves cross-border transactions. Can someone explain the key differences between these two types of trade?

EthereumLegend Mon Oct 14 2024 | 5 answers 1414

I want to understand the distinction between local trade, which occurs within a specific region or country, and international trade, which involves the exchange of goods and services across national borders.

SolitudeNebula Tue Oct 08 2024 | 5 answers 1146

Can you explain why it's often said that international trade has similarities to local trade? How do the principles and practices of local trade apply to the global marketplace? Are there any key differences to consider when comparing these two types of transactions? I'm interested in understanding the fundamental connections and distinctions between the two.

Raffaele Mon Oct 07 2024 | 7 answers 1272

Could you please elaborate on the distinction between international trade and trade in general? I understand that trade refers to the exchange of goods and services, but how does international trade differ from this broader concept? Does it simply involve transactions across national borders, or are there other key factors that set it apart? I'm curious to know the nuances that define international trade and how it differs from domestic or local trade practices.